As a new year begins, everything takes on a new look. On behalf of ZTE, I would like to extend my heartfelt gratitude and warm greetings to our global customers, partners, investors, and friends from all walks of life. My best wishes also go to all ZTErs for your unwavering dedication and to your families for their continuing support.

The year 2024 marks the end of the company's Expansion Phase A. Together, we have overcome numerous challenges along this journey, forging ahead with steadfast determination.

In 2024, we rose to challenges and marched forward with perseverance. In response to the maturation of 5G networks, rapid development of AI technologies, and accelerating cross-industry integration, the company prioritized its transformation into "connectivity + computing". Thanks to the joint efforts of all employees, the company demonstrated strong operational resilience and great momentum for development despite challenges.